Maturity repayment date refers to the latest date stipulated by the card-issuing bank that the cardholder should repay all the due repayment or the minimum repayment amount. The due repayment date is the date after the bank generates the bill date, plus the number of interest-free repayment days. If the cardholder's billing date is the 3rd of each month, and the interest-free repayment period is 2 days, then the cardholder's due repayment date is the 23rd of each month (3+2)

2. Billing date

Every month, the bank will summarize and settle the transactions and expenses of the cardholder's credit card account in the current period, calculate the total amount owed by the cardholder and the minimum repayment amount, and mail the statement for the cardholder. This date is the billing date of the credit card.

The credit card billing date of China Bank is from 1st to 28th respectively. The billing date is randomly determined by BOC credit card holders when applying for a credit card. Under normal circumstances, customers cannot adjust the billing date.

tip: Interest-free repayment period

Interest-free repayment period is from the billing date to the due repayment date. The longest interest-free period for credit cards of China Bank is 5 days, and the shortest is 2 days. The length of interest-free period is different for different credit card consumption dates, and the longest interest-free period can be enjoyed for consumption on the day after billing.

For example, if you spend on the 7th billing day, you can enjoy an interest-free repayment period of 5 days (from May 8th to June 27th). If you consume on May 7th, the day is the billing date, the due repayment date is May 27th, and the interest-free repayment period is only 2 days (from May 7th to May 27th).